DUBLIN–(BUSINESS WIRE)–The “Durable Goods Wholesalers Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering.
The global durable goods wholesalers market is expected to grow from $20,533.15 billion in 2021 to $22,844.28 billion in 2022 at a compound annual growth rate (CAGR) of 11.3%. The market is expected to grow to $33,710.81 billion in 2026 at a compound annual growth rate (CAGR) of 10.2%.
Major companies in the durable goods wholesalers market include Brueder Mannesmann AG, Tech Data, Walmart Inc., Wuchan Zhongda Group, Lowe’s Companies Inc., Ferguson plc, Sysco Corp, Xiamen C&D, Arrow Electronics, and WPG Holdings
The durable goods wholesalers market consists of sales of capital or durable goods by entities (organizations, sole traders, and partnerships) that are engaged in selling capital or durable goods to other businesses on a wholesale basis. wholesalers generally take title to the goods that they sell, in other words, they buy and sell goods on their account.
Durable goods are new or used items generally with a normal life expectancy of three years or more. Durable goods wholesale trade establishments are engaged in wholesaling products, such as motor vehicles, furniture, construction materials, machinery and equipment (including household-type appliances), metals and minerals (except petroleum), sporting goods, toys, and hobby goods, recyclable materials, and parts.
The major type of durable goods wholesalers are motor vehicle and motor vehicle parts and supplies wholesalers, furniture and home furnishing wholesalers, lumber and other construction materials wholesalers, professional and commercial equipment and supplies wholesalers, metal and mineral (except petroleum) wholesalers, household appliances and electrical and electronic goods wholesalers, hardware, and plumbing and heating equipment and supplies wholesalers, machinery, equipment, and supplies wholesalers, and miscellaneous durable goods wholesalers.
A wholesaler in the furniture and furnishing industry provides products to retailers. Wholesale furniture companies operate on a business-to-business (B2B) basis, which means they sell to other businesses rather than to consumers. The ownership forms include wholesale/distribution chain and independent wholesalers having premium, mid-range and economy prices.
Asia Pacific was the largest region in the durable goods wholesalers market in 2021. Western Europe was the second-largest region in the durable goods wholesalers market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Technology implementation in the wholesale industry increases efficiency and streamlines operations. Digitization in the wholesale trade market enhances the customer experience by efficiently engaging with them through seamless connectivity. Digitization allows wholesale companies to automate their sales order process and create an omnichannel strategy that is interacting with customers on all sales channels and giving customers multiple purchase options.
Wasco, a leading wholesaler of central heating and plumbing products is using a solution that manages and publishes product information across all channels intending to create a unique omnichannel customer experience.
Key Topics Covered:
1. Executive Summary
2. Report Structure
3. Durable Goods Wholesalers Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Durable Goods Wholesalers Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Durable Goods Wholesalers Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Durable Goods Wholesalers Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Durable Goods Wholesalers Market Trends And Strategies
8. Impact Of COVID-19 On Durable Goods Wholesalers
9. Durable Goods Wholesalers Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. Durable Goods Wholesalers Market Regional Analysis
10.1. Global Durable Goods Wholesalers Market, 2021, By Region, Value ($ Billion)
10.2. Global Durable Goods Wholesalers Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region
10.3. Global Durable Goods Wholesalers Market, Growth And Market Share Comparison, By Region
11. Durable Goods Wholesalers Market Segmentation
11.1. Global Durable Goods Wholesalers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Motor Vehicle And Motor Vehicle Parts And Supplies Wholesalers
- Furniture And Home Furnishing Wholesalers
- Lumber And Other Construction Materials Wholesalers
- Professional And Commercial Equipment And Supplies Wholesalers
- Metal And Mineral (except Petroleum) Wholesalers
- Household Appliances And Electrical And Electronic Goods Wholesalers
- Hardware, And Plumbing And Heating Equipment And Supplies Wholesalers
- Machinery, Equipment, And Supplies Wholesalers
- Miscellaneous Durable Goods Wholesalers
11.2. Global Durable Goods Wholesalers Market, Segmentation By Ownership, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Wholesale/Distribution Chain
- Independent Wholesalers
11.3. Global Durable Goods Wholesalers Market, Segmentation By Price Range, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Premium
- Mid-Range
- Economy
12. Durable Goods Wholesalers Market Metrics
12.1. Durable Goods Wholesalers Market Size, Percentage Of GDP, 2016-2026, Global
12.2. Per Capita Average Durable Goods Wholesalers Market Expenditure, 2016-2026, Global
Companies Mentioned
- Brueder Mannesmann AG
- Tech Data
- Walmart Inc.
- Wuchan Zhongda Group
- Lowe’s Companies Inc.
- Ferguson plc.
- Sysco Corp.
- Xiamen C&D
- Arrow Electronics
- WPG Holdings
For more information about this report visit https://www.researchandmarkets.com/r/h78ub
